The ‘limit exceeded’ error appears in case if there are more created objects in the Intellect hardware tree than it is allowed by the key (for example, in the demo-mode). In the event of such error, run the Intellect in the demo-mode and delete the extra objects, or apply to the ITV manager and ask for a new activation key allowing to use all the created objects. 

The full article: Features of the Intellect software operation when the object limit is exceeded